If It Is Predetermined That 5 Percent of Students Will

question 62

Multiple Choice

If it is predetermined that 5 percent of students will pass this exam and 95 percent will flunk,what kind of performance appraisal system is being used?

• A)MBO
• B)BARS
• C)Graphic rating
• D)Narrative
• E)Forced distribution

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Definitions:

Safety Inventory Calculations

Methods or formulas used to determine the appropriate level of safety stock to hold to minimize risks of outages.

Supply Uncertainty

Refers to the unpredictability in the availability and timely delivery of materials and resources needed for production.

Required Levels

The specified minimum or maximum amounts of resources, inventory, or capacity needed to meet operational demands.

Demand During Lead Time

The quantity of a product or service that is expected to be sold or used during the period it takes for an order to be delivered or replenished.